SINGAPORE, June 21, 2023 – Monarch Tractor, the world’s leading manufacturer of the MK-V, a fully electric and driver-optional connected tractor, has announced a significant expansion of its operations in Singapore.
This move signifies the company’s commitment to advancing A.I., robotics, and smart farming technology in the Asia Pacific region (APAC).
With its strong presence in Singapore and successful expansion into Hyderabad, India earlier this year, Monarch Tractor aims to build a talented team of data scientists, machine learning engineers, and A.I. practitioners through partnerships with government agencies and academic institutions.
Driving Technological Advancements in Singapore
Praveen Penmetsa, Co-Founder & CEO of Monarch Tractor said:
“After the successful development of our ‘Monarch Auto Drive’ tractor operation in Singapore, we are thrilled to continue evolving our technology with the support of Singapore’s top talent.”
“In collaboration with the Singapore government, Monarch Tractor will create more job opportunities and advance our mission for a greener future. Today, farmers, government bodies, and consumers are increasingly seeking viable options to sustain our planet.”
Advancing Automation in Farming
Building on Singapore’s early success in developing the driverless capabilities of the MK-V, Monarch Tractor’s expansion and focus on talent development will drive automation across full farm operations, enabling profitable and sustainable agricultural practices in the region and worldwide.
Addressing Environmental Challenges
Given that agriculture contributes to nearly 25 percent of global greenhouse gas emissions, Monarch Tractor’s strategic expansion aligns with Singapore’s Green Plan 2030 and its commitment to achieving net-zero emissions by 2050.
By actively hiring skilled professionals throughout Singapore, the company aims to support and drive the development of cutting-edge A.I. robotics technology, ushering in a smarter, greener, and safer farming industry.
Revolutionizing Agriculture with Electric and Autonomous Capabilities
Since its launch in 2020, Monarch Tractor has been revolutionizing the global agriculture industry with its innovative electric and autonomous capabilities.
By integrating A.I. into their tractors, the company has garnered significant attention from other sustainability-focused countries in the APAC region, including New Zealand.
In fact, Monarch Tractor made history by delivering the world’s first electric tractor to the NZ0 farm in New Zealand.
About Monarch Tractor
Established in 2018, Monarch Tractor is the industry leader in the production of the Founder Series MK-V, the world’s first fully electric and driver-optional connected tractor.
Designed to enhance existing farming operations, alleviate labor shortages, and maximize yields, Monarch Tractor is committed to driving clean, efficient, and economically viable solutions for today’s farmers and future generations.
With cutting-edge technology, a global presence, and a highly skilled team, Monarch Tractor is at the forefront of shaping the future of farming.